Tag: Coin Surges
Blockchain
Bitcoin fights to get above $58,000 as Fed maintains unchanged rates
Quick Take The Federal Reserve has opted to maintain the fed funds rate within the range of 525% to 550% Preceding this decision, Bitcoin experienced a decline from approximately $64,000 to a low of
Blockchain
$354 Million Crypto Longs Squeezed As Bitcoin Crashes To $57,000
Data shows the cryptocurrency derivative market has observed mass liquidations following the crash of Bitcoin and other assets Bitcoin Has Seen Bears Winning As Price Has Plunged 6% Over The Past Day
Blockchain
Tether reports record $4.52 billion profit in Q1 despite shrinking market share
Stablecoin issuer Tether (USDT) achieved a historic net profit of $452 billion in the first quarter despite facing a significant drop in market share Record net profit According to the attestation
Blockchain
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
Sales of non-fungible tokens (NFTs) experienced a 3126% decline in April from the revenues recorded in March Last month, statistics show that NFT transactions across several markets totaled
Blockchain
Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone
Bitcoin has finally broken below the $60,000 support level for the first time in two months The world’s largest digital asset has largely been in a euphoria phase since the beginning of the
Blockchain
Bitcoin’s recent decline mirrors past cycle trends
Quick Take Bitcoin has undergone a correction of approximately 23% from its peak of $73,600 in March Analyzing historical cycles can offer valuable perspectives on its current price dynamics
Blockchain
Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge
Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level Bitcoin Fear & Greed Index Has Returned To Neutral Levels The
Blockchain
Cardano Founder And Ripple CTO Go Head To Head Over XRP Regulations And ETHGate Allegations
The crypto community is witnessing a virtual showdown between Cardano Founder, Charles Hoskinson and Ripple’s Chief Technology Officer (CTO), David Schwartz The two crypto giants are clashing over
Blockchain
Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Monitoring liquidation levels is crucial during periods of price volatility, as they indicate where significant price movements can occur due to forced sell-offs or buy-ins Tools like
Blockchain
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
On Tuesday, US spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $1616 million in negative outflows Over the last two
Blockchain
Former Binance CEO CZ’s Insights Post 4-Month Prison Sentence: Compliance Is Key
In a significant legal development for the crypto industry, Changpeng Zhao, widely known as CZ, the former CEO of Binance, has been sentenced to four months in prison after pleading guilty to charges
Blockchain
Changpeng Zhao says crypto has entered new phase where ‘compliance is super important’
Former Binance CEO Changpeng Zhao said the crypto industry has entered the next phase where “compliance is super important” The convicted founder made this statement after being sentenced
